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The average property price in Auckland climbed over $1 million this week, making home ownership even harder for New Zealanders.

The average property price in Auckland climbed over $1 million this week, making home ownership even harder for New Zealanders. The City of Sails comes eighth on the Economist's list of the world's most liveable cities-but $1m only buys a two-bedroom 1940s house in Onehunga. Here's what that gets you in other top cities...

Adelaide, Australia

There is a lot of bang for your buck in Adelaide. A city-fringe house sells for AUS$800,000. It has threebedrooms, including a master with a spa bath and dual rain showers on a compact 149sqmsitewith parking for two cars.

The house hasmodern service rooms, a kitchenette, two toilets, ducted heating and external shutters. Melbourne has a population of about 4.5 million and tops the list of the most liveable cities. Its median house price is AUS$725,000-agrowth of 3.6 per cent in the past year.

Calgary, Canada

The best value for money has to be in Calgary, where $1m will buy you an elegant two-storey home on a quiet crescent across from a park and tennis courts. It boasts a den and music room, large dining and family rooms and floor-to-ceilingwindows and a stone fireplace.

The popular Austrian city is second on themost liveable cities list. Its high standard of living and safety earns it topmarks. Austria's beautiful countryside is a drawcard for locals and tourists. Cold, though.

Helsinki, Finland

A large four-bedroom 350sqm mansion sold for €600,000 - or just under NZ$1m. It's an hour's drive from the city and is set on a sprawling 26,700sqm. It has two bathrooms, two toilets, a private garden, views of the lake and a private beach.